Solved

Which of the Following Is a Difference Between Salaries and Wages

Question 48

Multiple Choice

Which of the following is a difference between salaries and wages?


A) Performance is the basis for wages, whereas time is the basis for salaries.
B) Wages are paid to permanent employees, whereas salaries are paid to temporary employees.
C) Wages are paid to managerial employees within a firm, whereas salaries are paid to operational and lower-level employees within a firm.
D) Waged employees are eligible for the overtime provisions of the Fair Labor Standards Act, whereas salaried employees are not.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents